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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Valuation u/s 50C - determined by the Stamp Valuation Authority ...

Income Tax

September 6, 2013

Valuation u/s 50C - determined by the Stamp Valuation Authority is higher than the sale consideration declared by the assessee - There is no merits in assessee's claim of undue hardships being caused to the taxpayers unless a tolerance band is read into the provisions of the section 50C - AT

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